Buenos Aires

CAPITAL CITY OF Argentina: Buenos Aires
LANGUAGE OF Argentina: Spanish
CURRENCY OF Argentina: Argentine peso (ARS)
COMMENTS ABOUT Argentina:
Argentina (official name Argentine Republic) is a large, elongated country in the southern part of South America
Cities : Buenos Aires, Cordoba, La Plata, Mendoza, Rosario, San Juan, Bahia Blanca, Comodoro Rivadavia, Concepcion del Uruguay, Mar del Plata, Necochea, Rio Gallegos, Salta, Santa Fe, Tucuman, Ushuaia, Villa Gesell
Best Places :Iguazu Falls, The Nahuel Huapi National Park, The beautiful Mar del Plata, El Calafate, The Perito Moreno Glacier
Electricity : 230V/50Hz (European plug)
Calling Code : +54
Time Zone : UTC -3
Following independence from Spain in 1816, Argentina experienced periods of internal political conflict between conservatives and liberals and between civilian and military factions. After World War II, a long period of Peronist authoritarian rule and interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983, and numerous elections since then have underscored Argentina's progress in democratic consolidation.
CLIMATE OF Argentina: Buenos Aires and the Pampas are temperate; cool in the winter, hot and humid in the summer.
RELIGION OF Argentina: Roman Catholic 92%, Protestant 2%, Jewish 2%, other 4%
POPULATION OF Argentina: 39,144,753 (July 2004 est.)  white (mostly Spanish and Italian) 97%, mestizo, Amerindian, or other nonwhite groups 3% >>
ECONOMY OVERVIEW OF Argentina: Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Over the past decade, however, the country has suffered recurring economic problems of inflation, external debt, capital flight, and budget deficits. Growth in 2000 was a negative 0.8%, as both domestic and foreign investors remained skeptical of the government's ability to pay debts and maintain the peso's fixed exchange rate with the US dollar. The economic situation worsened in 2001 with the widening of spreads on Argentine bonds, massive withdrawals from the banks, and a further decline in consumer and investor confidence. Government efforts to achieve a "zero deficit," to stabilize the banking system, and to restore economic growth proved inadequate in the face of the mounting economic problems. The peso's peg to the dollar was abandoned in January 2002, and the peso was floated in February; the exchange rate plunged and inflation picked up rapidly, but by mid-2002 the economy had stabilized, albeit at a lower level. Strong demand for the peso compelled the Central Bank to intervene in foreign exchange markets to curb its appreciation in 2003. Led by record exports, the economy began to recover with output up 8% in 2003, unemployment falling, and inflation reduced to under 4% at year-end.